Quote from: smooth on July 25, 2016, 03:24:21 AM

Quote from: iamnotback on July 25, 2016, 03:20:36 AM

Quote from: smooth on July 25, 2016, 03:14:13 AM

Quote from: iamnotback on July 25, 2016, 03:13:04 AM

Quote from: smooth on July 25, 2016, 03:10:17 AM

Quote from: iamnotback on July 25, 2016, 02:44:30 AM

One strategy might be to signup as many free 10 SP accounts

The free offer is "$10 worth of SP" (i.e. 3 SP at present) not 10 SP. The 10 SP may have been the offer at one time but not any more.

Ah I see. So the point remains that users need to want to stay on the site, else they will have many abandoned 3 SP accounts.

No doubt. Of course nothing prevents those users from coming back later to claim the accounts if the value goes up. There is no maintenance cost to idle accounts that don't use bandwidth.

See the edit on my prior post.

Price going up doesn't help them reach 30 SP easier. Actually it may become more difficult as more bloggers will be competing.

By claim, I meant use, not come back just for the cashout. You are still viewing this from a crypto coin perspective where it is all about getting at those coins (like a rat killing itself pressing the button hoping that coins will come out of the chute) not a social media perspective.

If Steem becomes very popular then people who signed up early but stopped using it will probably want to come back. This applies even with no rewards at all. I signed up for twitter very early but never used it for years until it became popular.

I knew what you meant and my point is it won't easier for them to get their 30 SP at that point, so they may not be motivated to stay after they come back.

Also many will forget/lose their password.

I think we can estimate the attrition rate by combining these two resources:

https://steemd.com/distribution
https://steemle.com/charts.php (Account creations per day)

So I count 6895 account creations past 7 days. So we can see that (13,062 - 6895) ÷ (34,175 - 6895) = 22% remain active. So the attrition rate appears to be over 80%. Appear to be very close to the computation of those who didn't reach power down level.

Quote from: iamnotback on July 25, 2016, 03:13:04 AM

Edit: the data is here that 29k of 34k (85%) have not reached power down level and majority (of them or new signups?) were not active in the last 7 days:

https://steemd.com/distribution

15 - 20% stickiness I think would actually be okay. We have to see if that is the case longer-term. But it also means that most of the free giveaway will probably end up abandoned, so the argument that it is diluting the insiders is probably not entirely correct.